The dynamic properties of Renshaw cells located in the lumbar spinal cord of intercollicular decerebrate cats were measured. The responses of these interneurones were recorded extracellularly, while the ventral root was stimulated with sinusoidally frequency-modulated trains of electrical pulses. The frequency of the Renshaw cell discharges resulting from such stimulation varied sinusoidally. The amplitude of modulation about the average (or "carrier") rate of discharge exhibited a linear dependence on the modulation amplitude of the stimulus pulse train. Renshaw cells were able to follow modulated stimulus trains in the entire range of modulation frequencies (0.2 to 80 Hz) encompassed by the present study. Above modulation frequencies between 20 and 50 Hz, the amplitude of modulation of the responses declined. Frequency responses measured at low average frequencies of the stimulus pulse train (centre frequencies 30 and 40 Hz) showed comparatively little dependence on modulation frequency. The higher the centre frequency, however, the greater was the enhancement of the modulation amplitudes at high modulation frequencies compared with those observed at low modulation frequencies. Some aspects of the functional implications of these results are considered and an approximate formula for the transfer function of Renshaw cells is presented.